According to The Scottish Sun, Rangers have been scared off a deal for Peterborough United striker Jack Marriott due to the £5million asking price on his head.
Katic joins Allan McGregor, Scott Arfield and Ovie Ejaria at Ibrox, and whilst the focus will turn to another defender in Brighton and Hove Albion's Connor Goldson, a striker is also wanted.
Jason Cummings has returned to Nottingham Forest after his loan deal expired, whilst Kenny Miller and Eduardo Herrera both look to have played their final games for the club.
Now, The Scottish Sun report that Rangers did make contact with Peterborough United about a possible move for Jack Marriott, but have been scared off by the £5million asking price.
The Gers seemingly can't afford to splash that kind of cash on Marriott and will subsequently back away from the striker, but Celtic have been scouting him too and could yet move to bring him to Glasgow themselves.
Marriott, 23, joined Peterborough from Luton Town last summer, and hit 33 goals in 56 games to become one of the most wanted players in the Football League.
Rangers seemingly felt that the former non-league striker could provide a goal boost, but Peterborough's asking price means that they won't be luring Marriott to Ibrox this summer, and Gerrard will have to look elsewhere for a new striker.